Coupang (CPNG) Cash from Operations (2020 - 2026)
Coupang's Cash from Operations was $212 million in Q3 2026, down 73.2% from $792 million a year earlier and down 42.2% from the prior quarter.
Powered by 
Analysis
Coupang (CPNG) Cash from Operations (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Coupang's Cash from Operations was $845 million through Sep 30, 2026, down 64.3% year-over-year; for FY2025, it was $1.77 billion, down 6.0% from FY2024.
- Cash from Operations shows a five-year compound annual growth rate of 42.5% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $1.89 billion in FY2024 (-28.9%), $2.65 billion in FY2023 (+369.4%), $565 million in FY2022 and -$411 million in FY2021.
- Quarterly Cash from Operations has moved between -$203.17 million (Q4 2021) and $820 million (Q2 2023) over five years.
- Compared with a year earlier, Cash from Operations has declined for four straight quarters, with an average decline of 5.6% over the last eight quarters.
- The best year-over-year quarter for Cash from Operations over five years was Q3 2025 (growth of 137.1%); the worst was Q4 2025 (a decline of 87.9%).
- Per Business Quant data, CPNG's Cash from Operations in the three quarters before Q3 2026 was $367 million (Q2 2026), $184 million (Q1 2026) and $82 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 42.42 Bn |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | 5.39 Bn |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 2.23 Bn |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | 3.66 Bn |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 1.01 Bn |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | 875.76 Mn |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 3.80 Bn |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | 555.00 Mn |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | 1.13 Bn |
| 10 | Coupang | 29.20 Bn | 5.03 Bn | 2.56 Bn | 212.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 212.00 Mn |
| Jun 30, 2026 | 367.00 Mn |
| Mar 31, 2026 | 184.00 Mn |
| Dec 31, 2025 | 82.00 Mn |
| Sep 30, 2025 | 792.00 Mn |
| Jun 30, 2025 | 545.00 Mn |
| Mar 31, 2025 | 354.00 Mn |
| Dec 31, 2024 | 676.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Jun 30, 2024 | 664.00 Mn |
| Mar 31, 2024 | 212.00 Mn |
| Dec 31, 2023 | 609.00 Mn |
| Sep 30, 2023 | 722.00 Mn |
| Jun 30, 2023 | 820.00 Mn |
| Mar 31, 2023 | 501.00 Mn |
| Dec 31, 2022 | 580.04 Mn |
| Sep 30, 2022 | 58.16 Mn |
| Jun 30, 2022 | -18.26 Mn |
| Mar 31, 2022 | -54.94 Mn |
| Dec 31, 2021 | -203.17 Mn |
API Access
Coupang Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "CPNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();